SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (8289)3/10/2004 6:43:44 PM
From: Return to Sender  Respond to of 13403
 
OT: There has been enough selling. I know you remember this chart:

tal.marketgauge.com

We are officially oversold on the NASDAQ and indeed all the major averages. Sure we could get more oversold but there is a high enough level of fear now for a reversal:

investorshub.com

Eventually the VIX/VXO will spike up to 50 again. The BPNDX will already have hit a new low below 20 when that happens and that will help mark the next long term tradable bottom.

All we are getting now is a trading bottom in a rally that started in October 2002. A rally that may yet prove to be part of a longer term bear market.

JMHO, RtS



To: The Ox who wrote (8289)3/11/2004 10:21:53 AM
From: BWAC  Read Replies (2) | Respond to of 13403
 
OT Raise your hand if you think we avoid the 1:30pm selloff today?